Thorne said Hyperlive Pg obtaining financing for the privately funded project will be the biggest challenge.
New York City based architecture firm BIG released renderings of the concrete, open air tower last week. Thorne described the spiral design as having a "modern futuristic look." The observation tower is modeled after a pin, which designers say marks Phoenix's place on the map.
Plans to build the world's largest building downtown in 1987 were dropped within three years when European developer and part time Valley resident Georges R. Schriqui was unable to secure financial or political support for the 114 story "Phoenix Tower."
At least two previous Hypervenomx Turf
Novawest wants to break ground in August so the structure could open in time for the 2015 Super Bowl, which will be held in the Phoenix metropolitan area.
to break ground downtown on a 420 foot tall observation tower this summer. The proposed $60 million Hyperadapt 1.0 Niketalk
The 70,000 square foot mixed use tower in Phoenix would include a restaurant, bar, lounge and event space.
PHOENIX (AP) A development company hopes to bring an updated version of Seattle's Space Needle to downtown Phoenix, but the idea is in its early stages and an executive says securing the needed funding will be the biggest challenge.
The boutique real estate developer has yet to secure financing or submit plans to the city, and the Arizona Science Center location isn't secured yet. But Novawest leaders are optimistic, saying Phoenix's management team has been encouraging and supportive.
"There would be the opportunity to just go up and observe and look at the view and enjoy the sunset and the planes landing and taking off or just the mountains," Novawest executive Jay Thorne said. "In addition, there would be the opportunity to dine and go there for an evening of cocktails or to rent space and hold a wedding reception or an office Christmas party."
Phoenix based Novawest LLC wants Hypervenom Phantom 1 Black
project would be built in the interior courtyard of the Arizona Science Center.
Donald Trump hoped to open the Trump International Hotel and Residences Phoenix along the Camelback Corridor, but city officials rejected the 190 foot tall project amid opposition from neighbors. The plan, proposed in late 2003, was dead by the end of 2005.
"Phoenix is a destination increasingly that people want to be in," he said. "It's a growing city in the American Southwest. It has a bright future, and we know from talking to people that there are investors that have an interest."
Developer proposes Space Needle
attempts to build nationally recognized sky high buildings in Phoenix were unsuccessful.
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